The shop to let is located in Daybrook, a popular suburb of Arnold just 5 miles north of Nottingham City Centre. The property fronts onto a main arterial route; the A60 Mansfield Road which is a busy commuter link providing direct access into the City Centre.
The shop is situated within a parade of local retailers. Madford Retail Park is just 0.1 miles to the south with occupiers to include Homebase, Currys/PC World, B&M Bargain and Go Outdoors.
A bus stop providing regular public transport links is within 0.1 miles and ample free street parking close by.
Well-appointed, double fronted shop with air conditioning, suspended ceiling and LED lights. The shop provides a regular shaped trading area with a store, kitchen, staff and customer WC's located at the rear of the shop.
The accommodation has been measured on a Net Internal Area (NIA) in accordance with the RICS Code of Measuring practice.
The premises occupies a high street location and is imminently suitable for a broad range of uses STP. The most recent amendment to the The Town and Country Planning (Use Classes) (Amendment) (England) Order 2015, has now classed betting shops as Sui Generis (a use that does not fall within any use class).
It is to our understanding that all mains services with the exception of gas are connected to the property.
The property is currently listed as a betting shop and premises on VOA.gov.uk. Under the latest Government relief, qualifying retail and hospitality businesses impacted by Covid-19 will receive a rates relief discount of 66% to 31/3/22 and 50% to 31/2/23. This information is for guidance only and all parties should satisfy themselves with the local billing authority. Please check the valuation office website for any rates incentives. Subject to status you may qualify for 100% rates relief.
Shop to let by way of a new sublease to expire in March 2024. Interested parties are invited to discuss their specific leasing requirements. Subject to individual covenant and terms an assignment, tenancy at will or surrender and re grant may be possible. Where superior Landlords consent is required, a 50% contribution to superior Landlord costs is requested.
Rent: £16,000 per annum
All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.
Please check our website for a virtual tour. Physical viewings with proceedable parties can be arranged on request by contacting our commercial property agents.
OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.